Heritage Financial
HFWA
#5710
Rank
โ‚น76.02 B
Marketcap
โ‚น2,226
Share price
-1.97%
Change (1 day)
59.82%
Change (1 year)

P/E ratio for Heritage Financial (HFWA)

P/E ratio as of November 2024 (TTM): 11.9

According to Heritage Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8874. At the end of 2022 the company had a P/E ratio of 13.2.

P/E ratio history for Heritage Financial from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.247.97%
20218.89-50.99%
202018.117.89%
201915.4-22.89%
201819.9-16.46%
201723.920.54%
201619.831.42%
201515.1-32.15%
201422.2-20.75%
201328.066.02%
201216.9-42.19%
201129.2120.33%
201013.3-110.58%
2009-125-1051.05%
200813.28.55%
200712.1-19.3%
200615.02.28%
200514.7-0.63%
200414.8-10.35%
200316.515.95%
200214.2-0.25%
200114.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.9 67.07%๐Ÿ‡บ๐Ÿ‡ธ USA
0.4189-96.48%๐Ÿ‡บ๐Ÿ‡ธ USA
13.1 10.14%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.